Wednesday, July 21, 2010 5:34:44 AM
"RMDM will now own shares in two expanding public companies (TiDi Gaming and Cooper & Porter). Shareholder value is very important to any company. We need not remind our followers that less than 18 months ago RMDM was deemed a distressed company, with all assets in peril, written down or written off. Today we are a small and a vibrant IT company on a cusp of a merger with a much larger IT company. We have very little debt, several million dollars in assets, and we have now started focusing our efforts on a share buyback program we recently announced. The progress of our share buyback and results will shortly be announced. RMDM board has already indicated that it intends to distribute a good portion of the divestitures and assets to its broad shareholder base. Details will be made available on a timely basis"
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